2012′s Top 10 Best Retirement Places to Live on $100 a Day
Las Cruces, NM.
When it comes to looking for a place to retire, cost of living often tops the list of considerations. But there’s a difference between living cheaply and living well, according to the latest AARP survey. In narrowing down AARP’s list of The 10 Best Places to Live on $100 a Day, they sought out towns and cities that offered not only bargain prices, but also a rich quality of life.
To determine these select places, AARP began with a theoretical income of $36,500, or $100 a day. After taxes (at 25 percent) that is $27,375, or $2,281 a month. We looked for a median housing cost of $192,000, which means a mortgage of about $719 a month, leaving $1,562 a month for everything else.
AARP pared a list of 200 cities down to 10 by homing in on things that make life worth living: the arts and culture, colleges, restaurants, community. Here is AARP’s top 10:
Live on $100 a Day
Natural beauty near Grand Junction, Colorado.
- Spokane, Washington
- Las Cruces, New Mexico
- Eau Claire, Wisconsin
- Roanoke, Virginia
- Morgantown, West Virginia
- Pittsburgh, Pennsylvania
- San Antonio, Texas
- Omaha, Nebraska
- Grand Junction, Colorado
- Gainesville, Florida
Category: Retirement
I’m still moving to New York City.